Membership in the Market Community

Admission

Natural persons at least 14 years old and local companies can join the
market community. Everyone from the region who has something to offer to
the others may participate. The following people / companies are entitled
to admission into the market community:

the CPO as a company,

the companies fully or partly owned by the CPO,

the employees of the above mentioned companies,

the owners of joint-ownership certificates with or without the
entitlement to vote.

No other companies or persons have an automatic right to admission.
Anyone excluded due to misuse of the market community also does not have
any entitlement to admission.

Every person has to provide an identity card or passport during the
admission. Companies are admitted into the market community by application
from an authorised representative.

Participation in an information event, in which the basic principles of
the market community and the differences to the pound or dollar system are
made clear, is a prerequisite for admission.

During registration every member selects two participants of the market
community (no companies) as intercessors, who will support her in finding
a solution in the case that a conflict arises. The intercessors also have
the power of attorney over the market account of the member, should the
member be dead, unavailable due to illness or accident, or unreachable for
more than three months (or refuses to communicate for that long). In this
last case, the (futile) attempts to make contact with the member must be
documented.

It is possible for a member to reject her selection as an intercessor,
in which case the new member has to name another intercessor. The
intercessors of a member company should not be employed by that company.

The General Meeting decides on whether to charge a registration and/or
an annual membership fee.

Termination of Membership

Membership of the market community may be terminated by the member at
any time without giving any reasons.

A positive account balance can be transferred to another member, the
account of a project or charity, a solidarity fund account, or it can be
exchanged for certificates of the CPO, if they are available via the
holding account at that time.

In the case of an account balance of zero, returning any deposited securities
in full is the only action required.

For a market account with a negative balance, in general the corresponding
amount of securities is retained. Since securities vary in type, here are more
explicit suggestions:

In the case of joint-ownership certificates the account is balanced by
a transfer from the holding account of the CPO, in return for which the corresponding amount of joint-ownership
certificates is allocated to the holding account in the certificate register. An indirect
alternative, which may be more advantageous for both parties, is the
trade of national currency for creation rights, with their subsequent
sale for Groks. This adds more value to the
ReeComm and allows the account holder to retain possession of the
joint-ownership certificates.

Grokcreation rights can either be treated similarly, i.e. registered to the CPO and paid out of
the holding account; or offered for sale on the marketplace (for
Groks only) by the ReeComm on behalf of
the account owner.

If activity points have been deposited on a personal secured account, then they can be
transferred to a system account for paid-out activity points, and the
member account balanced either from the holding account or from a special
system account for this purpose.

If the creation facility was accorded for membership in an affinity group
then the account must be balanced by equal contributions from all the other
group members.

Expulsion

Misuse of the market community leads to immediate expulsion. If
transactions have been made in connection with the abuse then they
are to be reversed. If possible and appropriate the offending member
can be sued for damages. Any remaining joint-ownership certificates
of that member are only returned to her after the legal case has
been closed.

Stored and Visible Member Data

Every member is displayed with a photograph (for companies with their
logo) and contact details, as well as links to her two intercessors in
the market community. The market account is prominently marked as being
for a private person or a business.

For under-age members their age is also published.

Conflict resolution

If a conflict arises which cannot be resolved by the parties themselves,
then the first thing to do is to ask their intercessors for support. If a
solution still can not be reached, then a mediator is to be called in,
whose effort is remunerated by the two conflicting parties. The contract
negotiated with the mediator is then published within the market community.

Conflict resolution with the help of intercessors

Should the people involved take legal action, then this will also be
published within the market community.